Mumbai:
Foreign exchange reserves of the country rose to a record
$262.45 billion on October 26, from $261.14 billion a week
earlier, the Reserve Bank of India said in its weekly statistical
supplement.
The increase of $1.307 billion in one week was primarily
the result of a rise in foreign currency and assets collections.
Foreign currency and assets rose $1.305 billion to $254.629
billion.
Gold reserves and SDRs (special drawing rights) remained
flat at $7,367 million and $13 million respectively.
During the same period, the reserve position in the International
Monetary Fund (IMF) increased $2 million to $441 million.
Foreign
currency assets expressed in dollar include the effect of
appreciation or depreciation, on non-US currencies (such
as Euro, Sterling and Yen) held in reserves, the RBI said.
|
|